406, Tiara - Tanzanite
Sold prices and rental history: sold once, by the developer in March 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Tiara - Tanzanite
What is 406 worth today?
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Source: Dubai Land Department. Updated 3 March 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,677 sqft
- Floor
- 4th of 12
- Parking
- 1346
- Developer
- Zabeel Investments
- Completed
- 2009
- Service charge
- AED 29,200 /yr
- Last sold
- AED 2.5M · March 2012
- Building
- Tiara - Tanzanite
About 406, Tiara - Tanzanite
406 is a two-bedroom apartment of 1,677 sqft on the 4th floor of Tiara - Tanzanite, a 12-storey tower in Palm Jumeirah completed in 2009 by Zabeel Investments. The developer sold it on 12 March 2012 for AED 2,500,000, or AED 1,490 per sqft, 11% below the AED 1,673 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 3 March 2020, is AED 170,000 a year: a gross yield of 6.8% on the 2012 price, before the service charge of about AED 29,200 a year.
Sales and rents for 406 over time
406 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Tiara - Tanzanite, and where 406 sits
All 30 2-beds →406 last sold in March 2012 at AED 1,490 per sqft, 11% below what two-beds in Tiara - Tanzanite were fetching at the time (AED 1,673). Over the last 12 months two-beds sold for AED 4,999,999 to 6,300,000, around AED 3,428 per sqft, and rent for AED 184,000 to 325,000 a year. 406's AED 170,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,900 sqft | 4,999,999 | 2,631 | ||
| 5 Feb 20265 February 2026 | 1,677 sqft | 6,300,000 | 3,756 | ||
| 5 Jan 20265 January 2026 | 1,677 sqft | 5,750,000 | 3,428 | ||
| 11 Jun 202511 June 2025 | 1,677 sqft | 4,100,000 | 2,444 |
Tiara - Tanzanite
Building79 apartments, 1-bed to 3-bed over 12 floors in Palm Jumeirah, completed in 2009 by Zabeel Investments. 5 sold in the last 12 months.
- Typical price per sqft
- AED 3,428
- Typical sale
- AED 5.75M
- Typical rent
- AED 210K /yr
- Typical yield
- 3.8%
Other units on the 4th floor
All 79 units in Tiara - Tanzanite| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,677 sqft | AED 2.3MAED 2,300,000 · Feb 2021February 2021 | 280,000 /yr | |
| 402 | 3-bed | 2,266 sqft | AED 3.8MAED 3,800,000 · Nov 2012November 2012 | 150,000 /yr | |
| 403 | 1-bed | 1,299 sqft | AED 2.15MAED 2,150,000 · Sep 2012September 2012 | 165,000 /yr | |
| 404 | 1-bed | 1,296 sqft | AED 2.85MAED 2,850,000 · Nov 2014November 2014 | 155,000 /yr | |
| 405 | 3-bed | 2,392 sqft | AED 3.92MAED 3,922,300 · Jan 2014January 2014 | 325,500 /yr |
406, Tiara - Tanzanite in numbers
- Sold once: by Zabeel Investments on 12 March 2012 for AED 2,500,000, or AED 1,490 per sqft.
- Rented since September 2013 on 6 Ejari contracts, from AED 192,500 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2012 price is 6.8%, before a service charge of about AED 29,200 a year (AED 17.41 per sqft).
- Two-beds in Tiara - Tanzanite sold for AED 4,999,999–6,300,000 in the 12 months to November 2026; the building's median across all types is AED 3,428 per sqft.
Source: Dubai Land Department. Updated 3 March 2020.
Questions about 406, Tiara - Tanzanite
What did unit 406 last sell for?
AED 2,500,000 on 12 March 2012, sold by the developer: AED 1,490 per sqft for 1,677 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 170,000 a year on the contract signed on 3 March 2020. The previous contract, from March 2019, was AED 190,000; the unit has been rented since September 2013.
How big is unit 406?
1,677 sqft (155.8 sqm): a two-bedroom apartment on the 4th floor of a 12-storey tower completed in 2009.
What is unit 406 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Tiara - Tanzanite sold for AED 4,999,999 to 6,300,000 in the last 12 months, around AED 3,428 per sqft.
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Mortgage on 406, Tiara - Tanzanite
Starts from the last sale price (AED 2.5M, 12 March 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →